| In the recent years information industry in | | | | further supported by a highly developed |
| China has undergone a sea change. China | | | | economic system and low cost production in |
| occupies the number two position for the | | | | conformity with global sources. To give a |
| telephone and network users. According to a | | | | boost to your business, if related to |
| survey in China relating global sourcing and | | | | e-commerce, it is important to develop the |
| international trade, 22 per cent of the | | | | medium, which is the Internet, as internet |
| population in China use internet. This trend | | | | application is the fundamental base of |
| has given impetus to the development of | | | | e-commerce. Large scale computerization in |
| e-commerce business in China. Many laws and | | | | China was adopted a long time ago but due to |
| regulations related to management of China's | | | | the dearth of investments its pace was slow |
| e-commerce have come into existence. The | | | | in the begining. |
| potential of Chinese businessmen in global | | | | |
| sourcing has grown due to e-commerce. | | | | Large statistical finding for internet |
| | | | application directly influences the Chinese |
| Continuous expansion of the business in the | | | | e-commerce. More internet applications mean |
| e-commerce industry has opened new | | | | more business in e-commerce. Fixed investment |
| development prospects in Chinese market. A | | | | required for building China's e-commerce is |
| number of issues like business policies, | | | | very high. The major hindrance to the fast |
| credit terms, market of consumers and payment | | | | development of China's e-commerce is deeply |
| method have a big effect on e-commerce in | | | | rooted in the habits of people. People have |
| China. But still there are no adequate | | | | formed an opinion that online marketing may |
| measures for protecting the e-commerce | | | | cause losses to them. Internet is still not |
| business in China. Low cost of production, | | | | considered very reliable by e-commerce and |
| which is seen as a result of growing | | | | online import and export. Most Chinese people |
| e-commerce activities, is attracting more | | | | prefer to get information and knowledge from |
| manufacturers and suppliers. | | | | Internet but when it comes to buy online they |
| | | | step back or show very little interest. |
| E-commerce in China is based on development | | | | |
| of Internet applications. Hence, is important | | | | These are some of the basic facts related to |
| to tap the internet technology fully to | | | | China's e-commerce industry and all of them |
| derive maximum benefits. The industry is | | | | have a great impact on Chinese economy. |